Deutsche Mutual Fund issues DWS Hybrid Fixed Term Fund – Series 16. This is a close ended income fund which has no entry load or exit load. The objective of the scheme is to generate income by investing in fixed income securities maturing on or before the date of the maturity of the Scheme and to generate capital appreciation by
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investing in equity and equity related instruments
The DWS Hybrid Fixed Term Fund – Series 16 is already launched in the market today, 17th September, 2013 and the New Fund offer will close on 01st October, 2103.
The DWS Hybrid Fixed Term Fund – Series 16 is for 42 months and you cash withdraw the investment only at the maturity. The issue price of one unit of the NFO period is Rs. 10 and the minimum required investment must be Rs. 5000 and in multiples of Rs. 1 thereafter.
The mutual fund wish to collect Rs. 20 Crore in the NFO period. Read more about the New Fund Offer
DWS Hybrid Fixed Term Fund-Series 16
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